Jim Cramer Calls Cathie Wood’s Latest Take ‘Outlandish’

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By Jeffrey Quiggle The two clashed on the future of a key cryptocurrency. Ark Invest CEO Cathie Wood isn’t backing off her sky-high predictions about crypto. In Ark Invest’s Big Ideas 2023, Wood suggested bitcoin’s long-term opportunity was strengthening. DON’T MISS: Cathie Wood Makes a Big Prediction on the Future of Banks “The price of one Bitcoin could exceed $1 million in the next decade,” the Jan. 31 report said. “Despite a turbulent year, Bitcoin has not skipped a beat,” it reasoned. “Its network fundamentals have strengthened and its holder base has become more long-term focused.” She d…

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